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yaroslaw [1]
2 years ago
13

What is term for the ability to easily turn assets or investments into cash?

Business
1 answer:
levacccp [35]2 years ago
7 0
The one on the top is correct
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On December 31 of the current year, Plunkett Company reported an ending inventory balance of $215,500. The following additional
marishachu [46]

Answer:

The amount that Plunkett should report in ending inventory on December 31 is $156,300

Explanation:

The computation of the ending inventory is shown below:

= Ending inventory balance - FOB destination goods purchased - goods being held on consignment

= $215,500 - $44,100 - $15,100

= $156,300

The other items would not be adjusted because the other items are not included in the ending inventory so they are not being considered in the computation part.

5 0
3 years ago
ginnie has an interest-only home equity loan at an annual interest rate of 7%. if her monthly payment is $1,458, how much is the
sergiy2304 [10]

What is Loan Principal Balance
Principal is the initial sum of a loan in the context of borrowing; it can also refer to the balance still owed on a loan. The principal of a $50,000 mortgage, for instance, is $50,000. If you pay down $30,000, the remaining $20,000 is the primary balance. The principal of a loan determines how much interest you pay. The amount of your monthly loan installments is applied to the accrued interest first and only then to the principle when you make a payment. The only method to lower the amount of interest that accrues each month is to reduce the loan's principal.

Main content
$250,000
$1,458 x 12 months = 17,496
17,496 / 0.07 =$249,942

To learn more about Principal Balance
brainly.com/question/12157435
#SPJ4

3 0
2 years ago
Bobby is speaking to his friend and says, "this musical is going to cost me $60 when I buy the ticket." His friend corrects him
Kruka [31]

Answer:

C) opportunity cost

Explanation:

Opportunity costs are the costs incurred (or benefits lost) from choosing one activity or investment over another alternative.

In this case, Bobby will spend $60 in the concert ticket, but he is also not going to be able to work and earn his salary for the day (or afternoon). That lost salary is the opportunity cost of deciding to go to the concert instead of working.

3 0
3 years ago
What would happen if a nation had an unlimited supply of a certain resource? why?
Vladimir79 [104]
The country would never have shortages They would flourish in trade
8 0
3 years ago
Read 2 more answers
You have been asked to calculate the internal rate of return for an investment with the following cash flows, using the Excel IR
agasfer [191]

Answer:

9.92 %

Explanation:

Year 0 = ($500,000)

Year 1 = $200,000

Year 2 = $160,000

Year 3 = $120,000

Year 4 = $80,000

Year 5 = ($40,000 + $25,000) = $65,000

therefore,

the internal rate of return on the investment after 5 years is 9.92 %

4 0
2 years ago
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